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>>> breaking news here. president obama, vice president biden, mcconnell, pelosi and reid and boehner are meeting to discuss the fiscal cliff. we are hearing the president's planning to present a smaller offer. for the latest, we bring in peter alexander from the white house and mike viqueira from capitol hill. peter, let's talk about what's going on at the white house meeting. i hear senators are optimistic about a mini deal which, of course, will raise taxes on those above $400,000. expand the amt, cut some spending. what are you hearing? >> reporter: well, hearing a lot of different things right now. one of the items and ruled by rumor and then denials and frustrations, toure. we know that we saw senators mcconnell and reid arriving a short time ago. we didn't pelosi and boehner arrive yet but the vice president joe biden got here a short time ago, as well. there's other reporting from the hill right now about the potential that the president is going to return to what was basically his original outlined plan. perhaps a smaller plan but a plan where the threshold would
heart to the cycle. >> aloha and welcome back from the long holiday weekend. president obama is cuts his short and set to leave hawaii tonight to head back to d.c. he will avoid one pr nightmare being on vacation while the precious moments tick away. he faces another as being a president who let the country go off the cliff. if you think that's a bad thing. the senate is back in action and the house has yet to receive a 48 hour heads up to return. john boehner said he refuses to call him back if there is no deal to vote on. he has given up hope and opting to work with senate democrats to push their bill from this past summer that extends rates on those less than $250,000. he failed to get his party behind a threshold and what are the odds this bill will pass. let's get the latest read on those not going on on capitol hill. luke, what is the latest? >> the latest is that there is aides i spoke to that think there is a 50-50 chance that the senate could get a small scale agreement on the floor the next few days and possibly be passed. that gets more and more unlikely as time goes by. harry
in the final five minutes falling to 3 wins and 23 losses. >> pathetic. >> the bulls game of obama postponed because of snow last night. he's now making a final try with congress and there's no denying a new plan is in the works. even in the opening prayer to kick off today's proforma session in the house, the chaplain prayed for congress to make a deal. but they're now adjourned until sunday night and that is where we begin with nbc's white house correspondent peter alexander and mike vicquiera on the hill. >> reporter: when derek rose is back for the chicago bulls, trying to get those answers for you as soon as possible. >> thank you, i appreciate that. >> reporter: of course, the real question right now here at the white house is exactly what's going to happen over the course of several days and can they avert the fiscal cliff? to stick with your metaphor of basketball, if rose were to go the length of the court for fans on one side, left to right, fans on other side, right to left, if he scores it is the same basket but use the metaphor and apply it to the conversation of exactly where t
Search Results 0 to 2 of about 3